2022 Q1 Form 10-Q Financial Statement
#000121390022027104 Filed on May 16, 2022
Income Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
Revenue | $13.66K | |
YoY Change | ||
Cost Of Revenue | $12.94K | |
YoY Change | ||
Gross Profit | $720.00 | |
YoY Change | ||
Gross Profit Margin | 5.27% | |
Selling, General & Admin | $2.405M | $549.6K |
YoY Change | 337.63% | |
% of Gross Profit | 334063.89% | |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $5.010K | $0.00 |
YoY Change | ||
% of Gross Profit | 695.83% | |
Operating Expenses | $2.405M | $549.6K |
YoY Change | 337.63% | |
Operating Profit | -$2.405M | -$549.6K |
YoY Change | 337.5% | |
Interest Expense | $785.3K | |
YoY Change | ||
% of Operating Profit | ||
Other Income/Expense, Net | $45.00K | |
YoY Change | ||
Pretax Income | -$1.574M | -$549.6K |
YoY Change | 186.43% | |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$1.574M | -$549.6K |
YoY Change | 186.43% | |
Net Earnings / Revenue | -11524.45% | |
Basic Earnings Per Share | -$0.01 | |
Diluted Earnings Per Share | -$68.42K | -$42.09K |
COMMON SHARES | ||
Basic Shares Outstanding | 23.01M shares | |
Diluted Shares Outstanding | 23.01M shares |
Balance Sheet
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $50.32M | $1.071M |
YoY Change | 4599.71% | |
Cash & Equivalents | $50.32M | $1.071M |
Short-Term Investments | ||
Other Short-Term Assets | $628.7K | $69.39K |
YoY Change | 806.1% | |
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $50.95M | $1.140M |
YoY Change | 4368.78% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $128.6K | |
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | $128.6K | $0.00 |
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | $50.95M | $1.140M |
Total Long-Term Assets | $128.6K | $0.00 |
Total Assets | $51.08M | $1.140M |
YoY Change | 4380.07% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $433.7K | $239.5K |
YoY Change | 81.12% | |
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $433.7K | $239.5K |
YoY Change | 81.12% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $667.5K | |
YoY Change | ||
Total Long-Term Liabilities | $667.5K | $0.00 |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $433.7K | $239.5K |
Total Long-Term Liabilities | $667.5K | $0.00 |
Total Liabilities | $1.101M | $239.5K |
YoY Change | 359.88% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | ||
YoY Change | ||
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $49.98M | $900.7K |
YoY Change | ||
Total Liabilities & Shareholders Equity | $51.08M | $1.140M |
YoY Change | 4380.07% |
Cashflow Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$1.574M | -$549.6K |
YoY Change | 186.43% | |
Depreciation, Depletion And Amortization | $5.010K | $0.00 |
YoY Change | ||
Cash From Operating Activities | -$2.527M | -$381.9K |
YoY Change | 561.9% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$113.9K | |
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | -$113.9K | |
YoY Change | ||
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 1.209M | |
YoY Change | ||
NET CHANGE | ||
Cash From Operating Activities | -2.527M | -381.9K |
Cash From Investing Activities | -113.9K | |
Cash From Financing Activities | 1.209M | |
Net Change In Cash | $0.00 | $0.00 |
YoY Change | ||
FREE CASH FLOW | ||
Cash From Operating Activities | -$2.527M | -$381.9K |
Capital Expenditures | -$113.9K | |
Free Cash Flow | -$2.414M | -$381.9K |
YoY Change | 532.08% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
USD | |
CY2022Q1 | ktta |
Weightedaverage Exercise Price Per Share Expired
WeightedaverageExercisePricePerShareExpired
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CY2021Q1 | ktta |
Increase In Fair Value Of Warrant Liabilities
IncreaseInFairValueOfWarrantLiabilities
|
USD | |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
USD | |
CY2022Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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|
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CY2022Q1 | dei |
Entity Central Index Key
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0001841330 | |
CY2022Q1 | us-gaap |
Commitments And Contingencies
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|
USD | |
CY2021Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
USD | |
CY2022Q1 | us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
USD | |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
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|
USD | |
CY2021Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
USD | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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|
shares | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
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CY2021Q1 | us-gaap |
Revenues
Revenues
|
USD | |
CY2021Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
USD | |
CY2021Q1 | us-gaap |
Gross Profit
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|
USD | |
CY2021Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
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|
USD | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
shares | |
CY2021Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
USD | |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
USD | |
CY2021Q1 | us-gaap |
Depreciation
Depreciation
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USD |